China's AI-driven IPO frenzy brings six-figure windfalls to retail investors, with seven new listings generating over 100,000 yuan in first-day returns
This year, seven new Chinese listings have generated over 100,000 yuan (approximately $14,900) in profit for retail investors who secured a 500-share allocation and sold on the first day of their initial public offering (IPO). This marks the highest number of such high-return IPOs in at least six years. Among these, Stacy Wei earned approximately 380,000 yuan from subscribing to Unitree Robotics.
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Source:彭博市场 · Source Link
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